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Thriving Town Centre Restaurant In Ambleside Cumbria

Ambleside Cumbria
Restaurant, Ambleside, Cumbria. T/O: £150,000 Scope to increase turnover. Loyal customer base. Well-equipped. Prime location.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 66196
ADVERT IMPRESSIONS : 10,383 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Restaurants
SALE: Agent Sale

LEASEHOLD:

£119,950

ANNUAL RENT:

£11500
 

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BUSINESS DETAILS:

Location
Ambles occupies substantial mid-parade premises, ideally located in the heart of the town of Ambleside, Cumbria. The premises enjoy an ideal trading position on the main road running through the town and benefits from much passing trade. The business benefits from ample parking in the vicinity and is surrounded by a residential area, from which it draws much trade. Ambleside is a rural town, situated at the head of Windermere, England's largest lake. The town is a popular tourist destination and is home to a variety of complementary independent and multi-national shops and businesses. The town of Windermere is approximately 4 miles to the south and Coniston lies less than 8 miles away.

Business History
Preferred Commercial is delighted to offer for sale this thriving restaurant, which was established by our clients in 1987 and which is only now offered to the market due to our clients' wish to retire. The business trades 6 days a week, for 10 months of the year, closing for 6 to 8 weeks in winter. Ambles generates a turnover in the region of £150,000 per annum, derived from a high quality food menu and an extensive range of wine and alcohol. We feel the turnover could be increased by extending opening times and introducing a lunch menu. There is also the potential for a website to be established advertising food and services provided. The business has a loyal customer base and is renowned for providing fresh locally produced food, fine wines and a selection of locally brewed beers. The restaurant has an excellent reputation and has received a 5 star food rating, 4 years in a row. The premises are well-equipped to suit the trade with a large restaurant and commercial kitchen. We feel this is an ideal opportunity to acquire an already thriving restaurant, with scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £150,000 approx.

Opening Hours
Mon - Sat: 5:00pm to 9:00pm

Accommodation Details
Substantial mid-parade ground floor lock-up restaurant premises. Briefly comprising:

Ground Floor
• Restaurant area with tables and chairs for up to 42 covers
• Commercial kitchen with preparation work tables, chest freezer, 2 x refrigerators, drinks refrigerator, electronic cash register, 7 x steamers, 2 x small refrigerators, 2 x large upright refrigerators, upright freezer, gas grill, double plate warmer, 8-burner gas hob and double gas oven, and sink
• Ladies and gents WCs with wash hand basins

Tenure
Leasehold
Original length:15 years
Remaining: 15 years
Review: every 3 years
Rent: £11,500 per annum
   
  FOR SALE
   

REFERENCE:

2575 / RightBiz
   
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